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Thruvision shares drop 11% despite £3M airport security contract and rising order backlog

Market News
12 Oct 2026
Proactive Investors
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Bearish
Thruvision shares drop 11% despite £3M airport security contract and rising order backlog

Thruvision Group's shares fell over 11% despite securing a £3 million contract to deploy security systems at major airports in Southeast Asia and a significant increase in its order backlog to £2.6 million. The company expects delivery in the second half of the financial year and maintains a full-year revenue forecast of £8 million. Additional orders from retail and government customers, along with new reseller partnerships in Europe, support a strong sales pipeline. However, cash reserves decreased to £1.6 million, highlighting tighter funds. CEO Victoria Balchin remains confident in meeting revenue targets and sees growing demand for security in public spaces as a future growth opportunity.

Thruvision shares and related market data provide context for readers. As of Oct 12, 2026 16:11 WIB, among 113 priced Industrials-sector US stocks tradable on Pluang, 46 rose and 36 fell. Notable movers include BE (Bloom Energy) at USD 275.85 with a 1-day change of -1.66% and a typical hold time on Pluang of 9 days, FCEL (FuelCell Energy Inc) at USD 17.75 with a -1.55% change and a 48-day hold time, and ZTO (ZTO Express) at USD 20.46 with a +1.54% change. The most notable figure is the 46 stocks that rose today.

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